Assume the following information: Manufacturing Department Cost of beginning work in process inventory Costs added during...
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Assume the following information: Manufacturing Department Cost of beginning work in process inventory Costs added during the period Total cost Materials $ 10,000 291,600 $ 301,600 Conversion $ 15,000 391,000 $ 406,000 Total $ 25,000 682,600 $ 707,600 Assume the equivalent units of production for materials and conversion, when using the weighted-average method, are 5,200 units and 5,000 units, respectively. If the equivalent units in ending work in process inventory for materials and conversion are 400 units and 200 units, respectively, then what is the total cost of ending work in process for the Manufacturing Department? Assume the following information: Manufacturing Department Cost of beginning work in process inventory Costs added during the period Total cost Materials $ 10,000 291,600 $ 301,600 Conversion $ 15,000 391,000 $ 406,000 Total $ 25,000 682,600 $ 707,600 Assume the equivalent units of production for materials and conversion, when using the weighted-average method, are 5,200 units and 5,000 units, respectively. If the equivalent units in ending work in process inventory for materials and conversion are 400 units and 200 units, respectively, then what is the total cost of ending work in process for the Manufacturing Department?
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